Stryker Corporation (NYSE:SYK) is currently under investigation by Robbins Umeda LLP. The investigation is concerned with the possible mismanagement of the company. It is in response to questionable statements issued by the company between January 25, 2007 and November 13, 2008. The statements were made in regards to the business’s success and profitability.
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Robbins Umeda is also concerned whether the company has cut corners on its operations costs by failing to document and maintain adequate quality controls of its manufactured products. A lawsuit against the company has been filed on behalf of the company’s shareholders who are seeking recovery from Stryker and certain of its officers for damages suffered resulting from the mismanagement of the company. Stryker shareholders are encouraged to hold their chares, but contact Lauren Levi at 800.350.6003 to learn more about their rights.
Stryker Corporation (Stryker) is a medical technology company with a range of products in orthopaedics and a presence in other medical specialties. The Company's products include implants used in joint replacement, trauma, craniomaxillofacial and spinal surgeries; biologics; surgical, neurologic, ear, nose and throat and interventional pain equipment; endoscopic, surgical navigation, communications and digital imaging systems; as well as patient handling and emergency medical equipment. The Company operates in two business segments: Orthopaedic Implants and MedSurg Equipment. The Orthopaedic Implants segment sells orthopaedic reconstructive (hip, knee and shoulder), trauma, craniomaxillofacial and spinal implant systems; bone cement; and the bone growth factor OP-1. The MedSurg Equipment segment sells surgical equipment; surgical navigation systems; endoscopic, communications and digital imaging systems; as well as patient handling and emergency medical equipment.
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